Lemonade Inc (NYSE: LMND) on Friday, soared 5.01% from the previous trading day, before settling in for the closing price of $31.71. Within the past 52 weeks, LMND’s price has moved between $14.03 and $34.95.
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Annual sales at Financial sector company grew by 87.96% over the past five years. The company achieved an average annual earnings per share of 10.96%. With a float of $51.65 million, this company’s outstanding shares have now reached $70.16 million.
Let’s look at the performance matrix of the company that is accounted for 1258 employees. In terms of profitability, gross margin is 109.8%, operating margin of -49.02%, and the pretax margin is -49.77%.
Lemonade Inc (LMND) Insider and Institutional Ownership
Observing investor behavior towards Insurance – Property & Casualty industry stocks is more important than anything else. The insider ownership of Lemonade Inc is 27.67%, while institutional ownership is 41.42%. The most recent insider transaction that took place on Nov 08 ’24, was worth 507,599. In this transaction Director of this company bought 18,512 shares at a rate of $27.42, taking the stock ownership to the 18,512 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Director bought 15,042 for $33.23, making the entire transaction worth $499,846. This insider now owns 33,554 shares in total.
Lemonade Inc (LMND) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.61 earnings per share (EPS) for the period topping the consensus outlook (set at -0.8) by 0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.62 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.96% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.50% during the next five years compared to -29.47% drop over the previous five years of trading.
Lemonade Inc (NYSE: LMND) Trading Performance Indicators
Lemonade Inc (LMND) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.04, a number that is poised to hit -0.61 in the next quarter and is forecasted to reach -2.56 in one year’s time.
Technical Analysis of Lemonade Inc (LMND)
Lemonade Inc (NYSE: LMND) saw its 5-day average volume 2.84 million, a positive change from its year-to-date volume of 1.66 million. As of the previous 9 days, the stock’s Stochastic %D was 76.61%. Additionally, its Average True Range was 2.12.
During the past 100 days, Lemonade Inc’s (LMND) raw stochastic average was set at 90.77%, which indicates a significant increase from 89.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 138.53% in the past 14 days, which was higher than the 80.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.36, while its 200-day Moving Average is $18.08. Nevertheless, the first resistance level for the watch stands at $35.08 in the near term. At $36.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $38.55. If the price goes on to break the first support level at $31.61, it is likely to go to the next support level at $29.92. The third support level lies at $28.14 if the price breaches the second support level.
Lemonade Inc (NYSE: LMND) Key Stats
Market capitalization of the company is 2.50 billion based on 71,405K outstanding shares. Right now, sales total 429,800 K and income totals -236,900 K. The company made 136,600 K in profit during its latest quarter, and -67,700 K in sales during its previous quarter.
